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Jan 25, 2013
01/13
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CSPAN2
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solve the issue because this is a matter of prioritizing spending and i don't think we can continue to tax the american economy. we need economic growth but it's about prioritizing spending. i have conservative beliefs foreign aid can be useful, but we have to get our spending out of control. we utilize the position to encourage the president to work with us in good faith to solve the debt and deficit issue >> i spent six months i guess it was or five months as a member of the super committee. and i put an enormous amount of energy and hope that we would be able to get the bigger bargain. i'm not here to go through the details of why we didn't, that there was a very hard line monitor negotiating position that prevented us from being able to come to an agreement which incidentally we just came to. but we can to this with far less on the table and far less accomplished than we would have if we had come to that agreement six months ago or a year ago. my hope is yes, i certainly will weigh in on that and the degree that it does not impact on - devotee to do my job and the ability of the state
solve the issue because this is a matter of prioritizing spending and i don't think we can continue to tax the american economy. we need economic growth but it's about prioritizing spending. i have conservative beliefs foreign aid can be useful, but we have to get our spending out of control. we utilize the position to encourage the president to work with us in good faith to solve the debt and deficit issue >> i spent six months i guess it was or five months as a member of the super...
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Jan 25, 2013
01/13
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again it include the aftermath of the tragedy as well how we make sure that such presentations of a tax that would happen again a couple other questions i know you put the individuals defined as culpable by the board on the last administrative leave what do you anticipate will be the final resolution of the status in the department and the accountability review board didn't identify any individuals above the secretary assistant secretary level as accountable for the failures of the benghazi mission? use of the numerous tables requesting and begging for additional security resources sent by the ambassador were never sent by the state officials above the assistant secretary or assistant secretary charlene. i know that you care about the people that work with you and the department so given the fact your testimony is in these multiple requests and no levels of these requests doesn't that give you some concerns about the flow of information in the department and maybe some of your other links of ability to prioritize and get your attention serious issues you said that you get hundreds of th
again it include the aftermath of the tragedy as well how we make sure that such presentations of a tax that would happen again a couple other questions i know you put the individuals defined as culpable by the board on the last administrative leave what do you anticipate will be the final resolution of the status in the department and the accountability review board didn't identify any individuals above the secretary assistant secretary level as accountable for the failures of the benghazi...
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Jan 25, 2013
01/13
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FOXNEWS
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fica tax, social security, and then we have local tax and then we have sales tax and property tax. >> and many of those you don't add on top of each other, but the point is that's on the millionth not the first 300, 400,000. >> sean: i bow down and thank almighty government. >> nobody's paying more than 30-some percent of their income. >> sean: i'm paying 60 cents of every dolly make. >> of your millions of dollars. >> sean: excuse me, you don't know how much i'm making. >> i know what the tax rates are. >> sean: what-- >> but i have a bone to pick with you, sean. we made a bet on the election. >> sean: oh, boy. >> that you were going to take me to dinner if the president won, well, we had the inauguration, he won, sean and my friend mario in chicago, he watched your show, he told me you would never take a democrat to dinner. >> sean: i will so. >> he said it would never happen. i told awe month ago. >> i paid off. >> and spending will not solve your obligation, more spending is not the answer, redistributing wealth. >> that's why i have come to prove what-- that you would have dinne
fica tax, social security, and then we have local tax and then we have sales tax and property tax. >> and many of those you don't add on top of each other, but the point is that's on the millionth not the first 300, 400,000. >> sean: i bow down and thank almighty government. >> nobody's paying more than 30-some percent of their income. >> sean: i'm paying 60 cents of every dolly make. >> of your millions of dollars. >> sean: excuse me, you don't know how much...
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Jan 25, 2013
01/13
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CNBC
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in the meantime, we know taxes on our dividends aren't going up. they stayed almost the same. that's a remarkable surprise that nobody talks about. but the need to find higher after tax yields is behind the huge move in the big dividend paying drug stocks. it's why we pay more for bristol-myers as we did today or johnson & johnson which kind of hangs in there despite the earnings miss and the horrendous implication of their faulty hip product. it's why we're paying more for the oils, all the oils because more oil will be used when things get better sending the hesses and conocos higher with them. that's how schlumberger can be ten points above where it was when it pre-announced a shortfall. and, of course, any uptick in employment has huge implications for autos and for homes where for a couple of years we were building homes at a rate that came in under what we were building when we had half as many people in this country. more homes means more retailers doing business to fix those homes, and it means more businesses for the banks, the processed home loans and that group gets
in the meantime, we know taxes on our dividends aren't going up. they stayed almost the same. that's a remarkable surprise that nobody talks about. but the need to find higher after tax yields is behind the huge move in the big dividend paying drug stocks. it's why we pay more for bristol-myers as we did today or johnson & johnson which kind of hangs in there despite the earnings miss and the horrendous implication of their faulty hip product. it's why we're paying more for the oils, all...
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Jan 25, 2013
01/13
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WBAL
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the higher payroll taxes, and the general sense that the economy's not getting any better. is it? the answer's simple. why you may not think the overall economy is getting better, you're missing the big picture, partner. if you were to ask me to game the market using just one figure, one figure only, it wouldn't be what apple earns, the gross domestic product, the growth rate of earnings or the dividend yield of the s&p, it would be the weekly jobless claims. the weekly jobless claims is an indicator of future employment in this country. there's absolutely no coincidence that we had five-year highs today in the stock market. at the same time that unemployment claims hit five-year lows. it isn't fanciful that the market's roaring because jobs are being created at an accelerating pace. it's the most important determinant of the stock market. after all, the market got crushed when unemployment went above 5.5% and soared right into the great recession. i think these positive jobless numbers are occurring because of the certainty that comes from putting a presidential election and a ta
the higher payroll taxes, and the general sense that the economy's not getting any better. is it? the answer's simple. why you may not think the overall economy is getting better, you're missing the big picture, partner. if you were to ask me to game the market using just one figure, one figure only, it wouldn't be what apple earns, the gross domestic product, the growth rate of earnings or the dividend yield of the s&p, it would be the weekly jobless claims. the weekly jobless claims is an...
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Jan 25, 2013
01/13
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FBC
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income and moving towards taxing consumption from income-tax is to sales taxes. related story. governor brownback of kansas wants to eliminate his state's income tax, he joins the governors of four this state which are considering the same thing. where does phil mickelson coming to this? in two ways. he wants to move out of california. he is free to live wherever he wants and preferred lower taxes. why not? that is why states like kansas, florida, texas are competing for tax refugees. the phil mickelsons of this world are driving the tax debate. phil mickelson objects to a 63% tax rate. who wouldn't? when this tax become legalized theft? this is a moral question as well as financial. here you have a sports guy driving a moral and financial tax debate. is not going away either. the president wants to raise taxes even more and we will soon see the impact of that disaster known as obamacare. bring on the debate. do you think 63% is a fair share for the government? do you think any american should be cowed into living where the government can tax them most? i know wh
income and moving towards taxing consumption from income-tax is to sales taxes. related story. governor brownback of kansas wants to eliminate his state's income tax, he joins the governors of four this state which are considering the same thing. where does phil mickelson coming to this? in two ways. he wants to move out of california. he is free to live wherever he wants and preferred lower taxes. why not? that is why states like kansas, florida, texas are competing for tax refugees. the phil...
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Jan 25, 2013
01/13
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CSPAN
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the tax code. the tax code is preferential for some people in some income levels and some circumstances and then other people talk about the marriage penalty under the tax code and it's not preferential. so i will stay away from the tax code, because the tax code is extremely confusing. and i don't think it's the real issue here. i'd love to see the tax code issue resolved. in the meantime, i'm much more interested in seeing lesbian and gay families be recognized and treated fairly by the government. host: president in his inaugural address earlier this week addressed the issue. the first time the word gay was used in an inaugural address. here's a portion of his speech. [video clip] >> we the people declare today that the most evident of truths that all of us are created equal is the star that guides us still just as it guided our forebears through seneca falls and selma and stone wall, just as it guided all those men and women who left footprints along this great mall to hear a preacher say that
the tax code. the tax code is preferential for some people in some income levels and some circumstances and then other people talk about the marriage penalty under the tax code and it's not preferential. so i will stay away from the tax code, because the tax code is extremely confusing. and i don't think it's the real issue here. i'd love to see the tax code issue resolved. in the meantime, i'm much more interested in seeing lesbian and gay families be recognized and treated fairly by the...
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Jan 25, 2013
01/13
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CSPAN
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i do not think we can continue to tax the american economy. it is about prioritizing spending. i am a fiscal conservative it. we have to get our spending under control. will you utilize your position to encourage the president to work with us and good faith to solve the debt and deficit issue? >> i spent six months or five months as a member of the super committee. i put an enormous amount of energy and help that we would be able to get the big bargain, granted deal. i am not here to go through all the details what we did not. there was a very hard line, not negotiating position that prevented us from being able to come to an agreement which, incidentally, she we just came to. we can do it with far less on the table and far less accomplished that we would have if we can to the agreement six months ago or one year ago. my hope is, yes, i will weigh in on that to a degree that it has an impact on my ability to do my job and the ability of the state department to do its job. we cannot reduce the funding for some of these initiatives that we are engaged in without great cost to our
i do not think we can continue to tax the american economy. it is about prioritizing spending. i am a fiscal conservative it. we have to get our spending under control. will you utilize your position to encourage the president to work with us and good faith to solve the debt and deficit issue? >> i spent six months or five months as a member of the super committee. i put an enormous amount of energy and help that we would be able to get the big bargain, granted deal. i am not here to go...
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Jan 25, 2013
01/13
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CNBC
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that was taken, as it should have been, to mean higher taxes. didn't mean just higher taxes. it meant higher taxes and less spending and i was specific about that. my ear is attuned for hearing more cuts in spending. i am not hearing it. i would be disappointed if this is all there was. as far as a deal was concerned, i think that that was a stopgap, and i think it was presented like that -- as that. as part of a series of more negotiations that were to follow and more changes, both possibly on the taxing side but certainly on the expenditure side. i'm dying to hear the -- to hear the expenditure and less spending side. i agree with that. but i'm not -- i'm not -- i wouldn't use the term disappointed until this whole process is over. i don't think we're in the -- i don't think we're in the seventh inning of this process. >> yeah. >> because at this point, we're -- >> at this point we're at, you know, simpson-bowles and rivlin domenici and the gang of all of these the idea was to get rid of a lot of the deductions and loopholes, so that you could broaden the base with a lower
that was taken, as it should have been, to mean higher taxes. didn't mean just higher taxes. it meant higher taxes and less spending and i was specific about that. my ear is attuned for hearing more cuts in spending. i am not hearing it. i would be disappointed if this is all there was. as far as a deal was concerned, i think that that was a stopgap, and i think it was presented like that -- as that. as part of a series of more negotiations that were to follow and more changes, both possibly on...
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Jan 25, 2013
01/13
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FOXNEWSW
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. >> you're paying 8 or 9% in sales tax and now this. in some states, this is illegal. >> yeah. okay. here are the lucky people in california, colorado, connecticut, florida, kansas, maine, massachusetts, new york, oklahoma and texas. listen, this is a big deal and i think people are going to struggle with this thing and they're not going to be happy about it and consider, these fees were really already built into the price of stuff, so you're really paying it twice. what they should do is give us a discount in cash. >> shepard: they should. >> but they're not going to do that. no. >> shepard: thank you. a real shock shock today. shares of apple fell far from the tree and rotted in the orchard. the tech giant price per share off 12% today alone. off 36% from the high. quarterly earnings came out today, they were up but not as much as analysts expected. slowing growth, it shows. after five blockbuster years. senator john kerry did ad libbing and fought back some tears during his confirmation hearing. in his opening statement, he added a mention of his trip to vietnam with senator
. >> you're paying 8 or 9% in sales tax and now this. in some states, this is illegal. >> yeah. okay. here are the lucky people in california, colorado, connecticut, florida, kansas, maine, massachusetts, new york, oklahoma and texas. listen, this is a big deal and i think people are going to struggle with this thing and they're not going to be happy about it and consider, these fees were really already built into the price of stuff, so you're really paying it twice. what they...
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Jan 25, 2013
01/13
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if they wanted to bring it back, they have to pay an additional 20% tax right now. unless the tax laws are changed through repatriation, i think that cash is just going to sit there offshore. >> or do another skype deal where they use that cash? >> you could use it, particularly for offshore acquisitions. but for the most part i think it's not able to benefit shareholders. it's just sitting there offshore in mostly government bonds offshore. they could bring it back. i think what would be most likely would be a much more aggressive share repurchase. they won't do a one-time dividend like they did years ago. >> your sneaky long is up 1.5%, rick. thanks for stopping by. >> thank you. >> rick sherlund. >>> what do family ties and initial public offering have in common? we'll find out when the ceo of bright horizons joins us next. say farewell to secretary geithner. we'll talk about his legacy and the challenges for his successor, jack lew. ♪ [ male announcer ] don't just reject convention. drown it out. introducing the all-new 2013 lexus ls f sport. an entirely new p
if they wanted to bring it back, they have to pay an additional 20% tax right now. unless the tax laws are changed through repatriation, i think that cash is just going to sit there offshore. >> or do another skype deal where they use that cash? >> you could use it, particularly for offshore acquisitions. but for the most part i think it's not able to benefit shareholders. it's just sitting there offshore in mostly government bonds offshore. they could bring it back. i think what...
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Jan 25, 2013
01/13
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KTVU
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. >>> we are bringing you a firsthand look at your tax dollars at work in the tunnel. we got a look inside the 4th bore yesterday. we found crews hard at work inside. federal stimulus funds are paying for two thirds of the 400 million-dollar project. taxpayers are funding the rest. >> when it's done caltrans will be dedicating two bores permanently to eastbound traffic and two permanently to westbound traffic. >> caltrans said the 4th is 75 to 80% done. they will start laying the road bed next month and it's set to open later this year. >>> federal safety regulators say no matter what anyone else is saying the dream liner investigation continues. the head of the ntsb unsettling description of how serious this matter may be. >>> facebook founder is getting involved in politics. . >>> welcome back. taking you live to new york. dow back from its earlier gain. still up 17.5 points, s&p500 testing the 1500 level and a lot of familiar names in stocks to watch today. johnson and johnson up, part of the dow -- and it's earning estimates. p and g better than expected and starbu
. >>> we are bringing you a firsthand look at your tax dollars at work in the tunnel. we got a look inside the 4th bore yesterday. we found crews hard at work inside. federal stimulus funds are paying for two thirds of the 400 million-dollar project. taxpayers are funding the rest. >> when it's done caltrans will be dedicating two bores permanently to eastbound traffic and two permanently to westbound traffic. >> caltrans said the 4th is 75 to 80% done. they will start...